China suffers record number of trade remedy probes in 2016

Date：2017-01-06 Source：china daily Views：537092

Core Tip：BEIJING - Chinese exporters have suffered a record number of 119 trade remedy probes initiated by 27 countries or region

BEIJING - Chinese exporters have suffered a record number of 119 trade remedy probes initiated by 27 countries or regions in 2016, a 36.8 percent increase year-on-year, the Ministry of Commerce said Thursday.

Other products such as ceramic tiles, tires and photovoltaic products also faced restrictions from a number of countries or regions, Sun said, adding that trade frictions were further politicized, and trade measures taken by those countries or regions were increasingly extreme last year.

Sun said trade remedy measures are a double-edged sword, and in face of the weak world economic recovery, China hopes that all countries would use them in a prudent, restrained and standard way.

China is willing to work with all countries to solve frictions through negotiation and cooperation, so as to overcome pressure from the weak economic recovery and create shared development and prosperity, he said.